American National Bank & Trust Makes New Investment in Fidelity MSCI Communication Services Index ETF $FCOM

American National Bank & Trust purchased a new stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 23,801 shares of the company’s stock, valued at approximately $1,714,000. American National Bank & Trust owned about 0.09% of Fidelity MSCI Communication Services Index ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Crumly & Associates Inc. raised its stake in Fidelity MSCI Communication Services Index ETF by 20.2% during the third quarter. Crumly & Associates Inc. now owns 169,314 shares of the company’s stock worth $12,192,000 after acquiring an additional 28,464 shares in the last quarter. CX Institutional increased its holdings in shares of Fidelity MSCI Communication Services Index ETF by 8.4% during the third quarter. CX Institutional now owns 25,458 shares of the company’s stock worth $1,833,000 after buying an additional 1,982 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF during the second quarter worth approximately $134,000. Vertex Investment Solutions Co. Ltd. acquired a new position in shares of Fidelity MSCI Communication Services Index ETF in the 2nd quarter worth approximately $6,268,000. Finally, Greenleaf Trust bought a new stake in shares of Fidelity MSCI Communication Services Index ETF during the second quarter worth $437,000.

Fidelity MSCI Communication Services Index ETF Trading Down 0.7%

Shares of FCOM traded down $0.50 during mid-day trading on Wednesday, hitting $72.44. 66,748 shares of the company traded hands, compared to its average volume of 182,204. Fidelity MSCI Communication Services Index ETF has a one year low of $65.26 and a one year high of $75.94. The business has a 50-day moving average of $71.36 and a 200 day moving average of $71.51. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of 19.08 and a beta of 1.04.

Fidelity MSCI Communication Services Index ETF Profile

The Fidelity MSCI Communication Services Index ETF (FCOM) is an exchange-traded fund that mostly invests in communication services equity. The fund tracks a market-cap-weighted index of stocks in the US communication services sector. FCOM was launched on Oct 21, 2013 and is managed by Fidelity.